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China and North Korea to hold talks this week BEIJING: China will hold talks with North Korea this week, Beijing said Monday, amid ongoing tensions on the Korean peninsula over the North's nuclear programme.Chinese vice foreign minister Zhang Yesui will meet North Korean first vice foreign minister Kim Gye-Kwan in Beijing on Wednesday, Foreign Ministry spokeswoman Hua Chunying said at a regular briefing."The two sides will exchange views on bilateral relations, the situation on the Korean peninsula and international issues of common interest"," she said, with the talks part of "strategic dialogue" between the two countries' foreign ministries.China has come under pressure to encourage North Korea to halt its nuclear programme after the reclusive nation in February carried out its third underground nuclear test, which brought worldwide condemnation.The meeting follows one last month between Chinese president Xi Jinping and North Korean envoy Choe Ryong-Hae, who is a close confidant of the North's leader Kim Jong-Un.Tensions over the nuclear programme ...

Indonesia MPs back budget package JAKARTA: Indonesian parliamentarians gave their backing to 2013 budget revisions on Saturday that include a special compensation package for the poor that the government has demanded before it agrees to cut costly fuel subsidies.The fuel subsidies have long been a major drain on state finances and contributed to a widening current account deficit. President Susilo Bambang Yudhoyono's repeated delays in raising fuel prices has been cited as a major factor undermining credibility in his government ...
North Korea in fresh vow to build up nuclear deterrent SEOUL: North Korea on Saturday made a fresh vow to build up its nuclear deterrent in the face of "threats of war" from the United States and a "policy of confrontation" from the South.An editorial in Pyongyang's ruling party daily, the Rodong Sinmun, said "reckless" war exercises by the US and South Korea could spark a nuclear war at any moment."As long as the United States and South Korean puppets continue with nuclear threats and ...
Early results give Iran moderate clear lead: ministry TEHRAN: With results in from 10 percent of the polling stations, moderate candidate Hassan Rowhani has a clear lead, with 49.87 percent of the vote in Iran's presidential election, the interior ministry said Saturday.Rowhani, a former top nuclear negotiator, has collected nearly 1,460,000 votes of the some 3,024,000 ballots counted by 8:00 am (0330 GMT), the ministry said: more than twice as much as his nearest riva.Copyright AFP (Agence France-Presse), 2013 ...
Breast cancer risk increases in South Asian women ISLAMABAD: The breast cancer risk for British Asian women has increased, a study carried out in Leicester suggests.Historically women from this ethnic group have had a lower risk of the disease than white British women, the University of Sheffield team researched.But they found breast cancer incidence had risen in recent years for South Asian women, BBC News reported here. Experts said lifestyle factors such as obesity, or more coming forward for screening could explain the ...
One dead, 20 missing after Philippine ferry sinks MANILA: At least one person died and more than 20 others were missing after a ferry sank in the central Philippines on Friday, authorities said.A navy plane, coastguard boats and local fishermen were deployed to the waters about two kilometres (1.2 miles) from Burias island, where the ferry sank before dawn, to search for the survivors.Thirty-four people were quickly rescued but the body of a 58-year-old woman was found and more than 20 others were ...
China spacecraft successfully docks in orbit: Xinhua BEIJING: A Chinese spacecraft on Thursday carried out a successful docking, state media said, two days after the launch of the country's longest manned space mission.The Shenzhou-10 spacecraft linked up with the Tiangong-1 module at 0518 GMT in an "automated docking", state news agency Xinhua said.Three astronauts, including China's second woman in space, are spending 15 days in orbit as the country's ambitious space programme reaches another milestone.The docking success comes almost a year after ...

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln